# Versamet Royalties Acquires Cornerstone Canadian Gold Stream on Eskay Creek Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b Original source: https://money.tmx.com/en/quote/VMET/news/7698775562664564/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek Publisher: tmx Original announcement: 2026-04-06T09:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Versamet Royalties Corporation - Ticker: VMET - Exchange: TSX - Region: British Columbia, Canada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-13 06:38:19 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Versamet Royalties has entered into a definitive agreement to acquire a 3.52% gold stream at the Eskay Creek gold-silver project in British Columbia for $360 million. The acquisition is expected to add over 10,000 gold ounces annually to Versamet's production starting in 2027. Reasoning: Versamet is acquiring a major, uncapped gold stream at a high-grade project, which is expected to materially increase its annual production. - Positive factor: significant step-change in scale - Positive factor: large, uncapped gold stream - Positive factor: high-grade, low-cost asset - Positive factor: accretive addition to production - Negative factor: transaction subject to completion tests - Negative factor: royalty/stream holder has limited access to property Facts used in scoring: 10 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is based on a NI 43-101 Technical Report. Evidence · text > NI 43-101 Technical Report on Updated Feasibility Study **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource includes an Inferred category component. Evidence · table > Inferred Resources Context: 0.65 ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Resource Estimates (10) ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-0) Eskay Creek · gold #### Identity - Project: Eskay Creek - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:1385d7d62f7147f9e89f - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: proven - Tonnes: 28000000 - Grade: 3 - Grade Unit: g/t - Contained Metal: 2.7 - Contained Unit: moz - Cutoff Grade: 24.45 - Cutoff Unit: C$24.45/t #### Prior Estimate - Resource Date: 2023-11-14 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Proven reserve grade of 3.0 g/t Au is strong for an open pit reserve. - Positive factor: high grade for reserves Evidence · table > 2.7 Context: 28.0 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.4 years before this release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-1) Eskay Creek · silver #### Identity - Project: Eskay Creek - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:1385d7d62f7147f9e89f - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: proven - Tonnes: 28000000 - Grade: 80.9 - Grade Unit: g/t - Contained Metal: 72.7 - Contained Unit: moz - Cutoff Grade: 24.45 - Cutoff Unit: C$24.45/t #### Prior Estimate - Resource Date: 2023-11-14 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: High silver grade in proven reserves. - Positive factor: high silver grade Evidence · table > 72.7 Context: 28.0 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.4 years before this release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-2) Eskay Creek · gold #### Identity - Project: Eskay Creek - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:622e20484985f59f5a3b - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: probable - Tonnes: 11900000 - Grade: 1.8 - Grade Unit: g/t - Contained Metal: 0.7 - Contained Unit: moz - Cutoff Grade: 24.45 - Cutoff Unit: C$24.45/t #### Prior Estimate - Resource Date: 2023-11-14 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Probable reserve grade of 1.8 g/t Au. Evidence · table > 0.7 Context: 11.9 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.4 years before this release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-3) Eskay Creek · silver #### Identity - Project: Eskay Creek - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:622e20484985f59f5a3b - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: probable - Tonnes: 11900000 - Grade: 40.1 - Grade Unit: g/t - Contained Metal: 15.3 - Contained Unit: moz - Cutoff Grade: 24.45 - Cutoff Unit: C$24.45/t #### Prior Estimate - Resource Date: 2023-11-14 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Probable silver reserve grade of 40.1 g/t. Evidence · table > 15.3 Context: 11.9 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.4 years before this release ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-4) Eskay Creek · gold #### Identity - Project: Eskay Creek - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:edbb1f55a07cdabc74db - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: measured - Tonnes: 27800000 - Grade: 3.3 - Grade Unit: g/t - Contained Metal: 3 - Contained Unit: moz - Cutoff Grade: 0.7 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2023-06-20 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Measured resource grade of 3.3 g/t Au. Evidence · table > 3.0 Context: 27.8 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-5) Eskay Creek · silver #### Identity - Project: Eskay Creek - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:edbb1f55a07cdabc74db - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: measured - Tonnes: 27800000 - Grade: 87.9 - Grade Unit: g/t - Contained Metal: 78.6 - Contained Unit: moz - Cutoff Grade: 0.7 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2023-06-20 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Measured silver resource grade of 87.9 g/t. Evidence · table > 78.6 Context: 27.8 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-6) Eskay Creek · gold #### Identity - Project: Eskay Creek - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:a846f65431aa1fb16466 - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: indicated - Tonnes: 22300000 - Grade: 1.6 - Grade Unit: g/t - Contained Metal: 1.1 - Contained Unit: moz - Cutoff Grade: 0.7 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2023-06-20 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Indicated resource grade of 1.6 g/t Au. Evidence · table > 1.1 Context: 22.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-7) Eskay Creek · silver #### Identity - Project: Eskay Creek - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:a846f65431aa1fb16466 - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: indicated - Tonnes: 22300000 - Grade: 32 - Grade Unit: g/t - Contained Metal: 22.9 - Contained Unit: moz - Cutoff Grade: 0.7 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2023-06-20 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Indicated silver resource grade of 32.0 g/t. Evidence · table > 22.9 Context: 22.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-8) Eskay Creek · gold #### Identity - Project: Eskay Creek - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:3f9fcd1972455808e271 - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: inferred - Tonnes: 650000 - Grade: 1.5 - Grade Unit: g/t - Contained Metal: 0.03 - Contained Unit: moz - Cutoff Grade: 0.7 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2023-06-20 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Inferred resource grade of 1.5 g/t Au. - Negative factor: speculative category Evidence · table > 0.03 Context: 0.65 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/versamet-royalties-acquires-cornerstone-canadian-gold-stream-on-eskay-creek--af3b5bc8-79a9-445e-b08a-2b51d41cec8b#fact-resource-facts-9) Eskay Creek · silver #### Identity - Project: Eskay Creek - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: VMET #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Terre Lane - Resource group id: resource:3f9fcd1972455808e271 - Deposit or zone: Eskay Creek - Mining method: combined - Material type: unspecified #### Resource Data - Category: inferred - Tonnes: 650000 - Grade: 32.4 - Grade Unit: g/t - Contained Metal: 0.7 - Contained Unit: moz - Cutoff Grade: 0.7 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2023-06-20 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-06T00:00:00.000Z Reasoning: Inferred silver resource grade of 32.4 g/t. - Negative factor: speculative category Evidence · table > 0.7 Context: 0.65 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.